[walterw]

Ok... now that you understand all the concepts that are behind the chimp`s setups... he will make you the favor of showing you how he simplifies the reading of his setups... this is a way to relax and enjoy the ride... no need to be permanently overthinking the concepts behind the setups, just a simple view of the setups its good enough to be looking for the right trades...

Trading MUST be an enjoyable experience.. and simplification is one way to get there... cheers The Chimp.

[cattus]

Hi Walter and hi all there. Great club here!

Thanks a lot, Walter, great videos. I need to review the videos of today, but I know they are great videos.

I have some questions for you:

What does Refresh mean for you in spanish? Refrescar, Retomar, Reanudar, Restaurar?

Why do you use Refresh to talk about tendency and to talk about an action? Sometimes I confuse with these terms.

Talking about timeframes. On this method (or system), do you see timeframes greater than 5 min? 15 min? 1 hr? Or it is not important for scalping techniques?

I remember that I read that you don't use the 1 min chart, you use a ticks chart, it is correct? why?

The SMA of the chimp2_1 is of 4 bars. Is it important for the method, or can I change for another of 2 bars, for example?

Thanks.

cattus

[walterw]

I will try to answer Cattus :

>>>What does Refresh mean for you in spanish? Refrescar, Retomar, Reanudar, Restaurar?>>>

It means Refrescar, con la idea de "volver a"...

>>>Why do you use Refresh to talk about tendency and to talk about an action? Sometimes I confuse with these terms. >>>

We basicly here have two trend definitions, a centrifugal wich travels to the outside of the axis and a centripetal that travels back to the axis... So the Refresh Action ( " la accion de volver hacia" ) its the centripetal trend back to the axis..

>>>Talking about timeframes. On this method (or system), do you see timeframes greater than 5 min? 15 min? 1 hr? Or it is not important for scalping techniques?>>>

So far as to MY scalping method 5 min does ok... now, this method can perfectly be traded on larger time frames as well...

>>>>I remember that I read that you don't use the 1 min chart, you use a ticks chart, it is correct? why?>>>>

On my futures trading I do scalp with tick charts, for this forex research I am using 1 min chart for my timing, I am using mT4 (metatrader) and the smallest timeframe we got is 1 min... wich in forex does pretty well...

>>>>The SMA of the chimp2_1 is of 4 bars. Is it important for the method, or can I change for another of 2 bars, for example?>>>

that signal line its just for estetics jejeje... no use at all... even the oscillator has a very periferic use on the entire method, once the trader really got very used to his cycle measures of his trade, he perfectly can trade without the oscillator... I DO NOT time my trades with the oscillator, I use the 1 minute chart with the two vma`s...



Hope this answered some... I like this interactions ¡¡ cheers Walter.

[walterw]

Originally Posted by walterw »

As Eur/Jpy is more volatile it should probably need to adjust some inputs on the 1 min lines.... tell you later... cheers Walter.

I got very enthusiastic with this pair today, and after Sundowner shared his chart I did 3 consecutives winners ¡¡

So thanks Sundowner for this illustration ¡¡

NOW I noticed that this pair its much more volatile than Aud/Usd... so we needed more responsive crosses on the 1 minute vma duo.. without getting any aditional noise... so I recurred to Bruce`s Genial all inputs adxvma6test3 version and so far the inputs : 4-2-3-2-0-0-1-0-2-100 gave me a much better yellow line ¡¡ the 100 line with none color and I got a clean leading timing for EUR/Jpy ¡¡

Example trades :





so for the EUR/Jpy traders... I probably will be one... I add Indis and template for the 1 min timing chart... cheers Walter.

[PYenner]

Walter
Eurjpy can be a wild one, fast mover, ok pip margin.
Also Gbpusd can be a big mover.
If you want a tiger fight then Gbpjpy is the "arena" where blood gets spilled imo, maximum chaos, bad pip margin.

[Armand]

so for the EUR/Jpy traders... I probably will be one... I add Indis and template for the 1 min timing chart... cheers Walter.

I hadn't switched over from the fantail on MT4 because I thought I would wait to see where the research takes us. So after these posts I thought it would be a good time to install the new indicator and template (ADXVMA6Test3.mq4 & chimp 1 min chart for eur-jpy.tpl). I followed the instructions from other posts on how to install them...but for some reason my charts show up very different...wrong colors, no oscillator, missing vma line on the one minute chart, etc. I know I've put the template and indicator in the right place because they show up under insert > indicators and charts > templates. But something is getting messed up somewhere. "If" someone has the patience and time to explain what I am doing wrong...I would greatly appreciate it...Thanks Armand

[Blu-Ray]

Here goes for TS Users:

For the 5 min chart use:

TLOMI-NonLag
ADXVMA6_12bar
ADXVMA6_16bar

For the 1 min use:

ADXVMA6_4bar
ADXVMA6_6bar

I've bundled the 5 indicators into this one download ELD. All the settings are preset so you just pop them on the charts and you're set.

I've also attached the ADXVMA6Test3, with the presets Walter mentioned for EURJPY set as default.

As for the Chimp2_1, I'm still working on it as it appears there was an error on the original one I posted on the other thread, also trying to get around the volume issue (no volume with forex TS data). But since this oscillator isn't used for timing I might have to use something close to it but not exact. I'll keep you updated.

Cheers

Blu-Ray

[walterw]

Originally Posted by Armand »

I hadn't switched over from the fantail on MT4 because I thought I would wait to see where the research takes us. So after these posts I thought it would be a good time to install the new indicator and template (ADXVMA6Test3.mq4 & chimp 1 min chart for eur-jpy.tpl). I followed the instructions from other posts on how to install them...but for some reason my charts show up very different...wrong colors, no oscillator, missing vma line on the one minute chart, etc. I know I've put the template and indicator in the right place because they show up under insert > indicators and charts > templates. But something is getting messed up somewhere. "If" someone has the patience and time to explain what I am doing wrong...I would greatly appreciate it...Thanks Armand

Hi Armand, you want to check the thread as actually there is one template for 5 min and a diferent templates for 1 min...

You probably loaded the 1 min for eur/jpy wich has only two lines, the 5 min template and indis as well are on post # 29

hope helps, cheers Walter.